1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zzz [600]
3 years ago
11

A country has reached a level of economic development where the manufacturing of both semidurable and nondurable consumer goods

has just begun. Also, the goods demanded relate to equipment and supplies to support manufacturing. In which stage of Rostow's five-stage model of economic growth does the country fit?
Business
1 answer:
liubo4ka [24]3 years ago
5 0

Answer: Takeoff stage

Explanation: In Rostow's five-stage model of economic growth  states various factors of the required economic condition necessary for that  country to develop. One such stage is the takeoff stage. i.e.

Take-off stage states  

(a)In this particular period Urbanization will increases.

(b)Industrialization proceeds as technological progress will take place.

(c) Secondary sector expands .

It should be also duly noted that during this stage,Textiles and apparel are usually the first "take-off" industry .

<u><em>Hence, a country  where the manufacturing of both semi durable and non durable consumer goods has just begun. Also, the goods demanded relate to equipment and supplies to support manufacturing has reached the takeoff stage in Rostow's five stage model of economic growth.</em></u>

You might be interested in
Exhibit 5-2 price and quantity demanded data price quantity demanded 5 20 4 25 3 30 2 35 1 40 using exhibit 5-2, what is the pri
Yuki888 [10]

Answer:

The price elasticity of demand is -5

Explanation:

Elasticity of demand measure the responsiveness of demand against the change in price of the product. It shows how much demand changes if there is the change in price.

Using mid point method

Change in Demand = $20 - $25

Change in Demand = -$5

Change in price  = $5 - $4

Change in price  = $1

As we know

Elasticity of Demand = Change in demand / Change in price

Elasticity of Demand = -$5 / $1

Elasticity of Demand = -5

4 0
3 years ago
Read 2 more answers
Why is it important to understand economics
Nookie1986 [14]
Macroeconomics is important because it allows the public to understand the economy as a whole, fiscal policy and global economic policy.
5 0
3 years ago
Variable and Absorption Costing-Service Company Jensen's Tailoring provides custom tailoring services. After the company's first
loris [4]

Answer:

124

Explanation:

Yes

5 0
3 years ago
Burns Industries currently manufactures and sells 23,000 power saws per month, although it has the capacity to produce 38,000 un
Dmitrij [34]

Answer:

Increase by $37,100.

It will accept any time the price is above $43 with the condition it will not incur in additional fixed cost.

$63. is the sales price that generates 106,000 dollar of operating income

Explanation:

As the units will not inccur in any additional fixed cost we should check for the contribution margin this units will provide:

50 dollars - 43 dollar of variable cost = 7 dollars

5,300 saws x $7 = 37,100

The sales reveues will increase by that amount.

(5,300 x $43 dollars each in cost + 106,000 contribution )/5,300 = sales price

sales price = 63

6 0
3 years ago
ohansen Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. The
Elodia [21]

Answer:

The right solution is "$ 2.50 per DLH".

Explanation:

The given values are:

Rent,

= $ 15,000

Factor equipment's depreciation,

= $ 8,000

Indirect labor,

= $ 12,000

Production supervisor's salary,

= $ 15,000

Estimated DLHs,

= 20,000

The total manufacturing overhead will be:

= Rent+Factory's \ equipment \ depreciation+Indirect \ labor+Production \ supervisor's \ salaryOn substituting the given values, we get

= 15000+8000+12000+15000

= 50,000 ($)

Now,

The predetermined overhead rate will be:

=  \frac{50000}{20000}

= 2.50 \ per \ DLH ($)

3 0
3 years ago
Other questions:
  • Kendra has a difficult project due for her chemistry class next week. What time-wasting activity should she make sure she does n
    9·1 answer
  • To build trust in a cooperative relationship, both firms can: a. write short-term contracts that must be renewed frequently. b.
    9·1 answer
  • N the models that describe population growth, r stands for _____
    15·1 answer
  • Paul, an engineer in a corrugated box manufacturing company, sets himself a goal of completing the design for a new display box
    8·1 answer
  • Green Jeans, Inc. had a mission to become the leading producer of environmentally friendly blue jeans, an emerging and in-demand
    10·1 answer
  • Which of the following shows the listed items in their proper order of presentation in a balance sheet?
    9·2 answers
  • Studying a project’s potential opportunities is part of what area of management?a. Riskb. Scopec. Costd. Integration
    9·1 answer
  • Which statements are true if the particle size in a packed column used in HPLC is decreased?
    8·1 answer
  • When did the court cases reach the Supreme Court?
    14·1 answer
  • all of the following would be considered manufacturing overhead costs by a book publisher except a. wages paid to the production
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!